CACI International (NYSE:CACI) Stock Rating Lowered by StockNews.com

CACI International (NYSE:CACI) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

CACI has been the subject of several other research reports. Barclays boosted their price target on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Truist Financial cut their target price on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target for the company in a research report on Thursday, January 16th. TD Cowen lowered their price objective on CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Raymond James reissued an “outperform” rating and set a $490.00 target price (up previously from $475.00) on shares of CACI International in a report on Thursday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $525.50.

CACI International Trading Down 3.7 %

CACI stock opened at $405.96 on Friday. CACI International has a 52-week low of $326.60 and a 52-week high of $588.26. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The firm has a market cap of $9.10 billion, a P/E ratio of 19.04, a PEG ratio of 1.41 and a beta of 0.87. The company’s 50-day simple moving average is $433.55 and its 200-day simple moving average is $471.65.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, topping analysts’ consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.53% and a net margin of 5.90%. As a group, equities analysts forecast that CACI International will post 23.92 EPS for the current fiscal year.

Institutional Investors Weigh In On CACI International

Several large investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. lifted its stake in CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after acquiring an additional 18 shares during the last quarter. UMB Bank n.a. boosted its stake in CACI International by 81.4% in the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after acquiring an additional 35 shares in the last quarter. Coastline Trust Co purchased a new position in shares of CACI International during the third quarter worth about $45,000. GAMMA Investing LLC increased its position in shares of CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after purchasing an additional 50 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its holdings in shares of CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after purchasing an additional 19 shares during the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

About CACI International

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.